BAR BY BAR -- Al Brooks

Discussion in 'Educational Resources' started by Swan Noir, Jun 24, 2009.

  1. 1. I wish I was getting paid, it'd be easier than trading.
    2.Due to an almost obscure reference in his book on an almost ignored method for trading the first 5 minute bar, I've found an exploitable, daily edge in the NQ.
    3. I totally agree with your assesment of his writing skills, as well as the abject lack of editing!:D
     
    #71     Sep 5, 2009
  2. Mach4-1

    Mach4-1

    There is one born every day!

    edit..every minute!!
     
    #72     Sep 7, 2009
  3. wgp

    wgp




    Please share the above mentioned "obscure reference" or at least the page number. Tx
     
    #73     Sep 7, 2009
  4. For starters, check the chapter on Open
     
    #74     Sep 7, 2009
  5. Boib

    Boib

    I've read most of his articles in Futures Mag. and watched a couple of his webinars.

    The one thing I have found is that on the charts accompanying the articles, there are several set-ups that were ignored. Surprisingly none of them worked out.

    I'd like to see him trade live. Even I can make money trading off a day old chart.

    I ordered the book. Who knows I might learn something.
     
    #75     Sep 7, 2009
  6. Book is very informative but it does require an extra effort to understand the concepts since the writing isn't all that great. But you know what, the book was written by a TRADER, not a professional author, and I'm perfectly fine with that. :)
     
    #76     Sep 8, 2009
  7. GiantDog

    GiantDog

    Actually written by a former doctor with a former name who says he is a trader.

    Does anyone find it strange Al changed his last name?

    From his site: "Back then, my name was Albert Leveille, MD, but I changed it to Brooks because it was just too difficult for my patients, many of whom were elderly."
     
    #77     Sep 8, 2009
  8. Mach4-1

    Mach4-1

    I am sorry..there are many born every second!!!

    I am amazed at how many can just recompile some words and get people talking about it as if something new has been discovered:confused:

    You will never find the real valuable books published in the right places:D

    Deception is a set of acts that seek to increase the chances that a set of targets will behave in
    a desired fashion when they would be less likely to behave in that fashion if they knew of those
    acts.
    We will generally limit our study of deceptions to targets consisting of people, animals, computers,
    and systems comprised of these things and their environments. While it could be argued that all
    deceptions of interest to warfare focus on gaining compliance of people, we have not adopted this
    position. Similarly, from a pragmatic viewpoint, we see no current need to try to deceive some other
    sort of being.
    While our study will seek general understanding, our ultimate focus is on deception for information
    protection and is further focused on information technology and systems that depend on it. At the
    same time, in order for these deceptions to be effective, we have to, at least potentially, be
    successful at deception against computers used in attack, people who operate and program those
    computers, and ultimately, organizations that task those people and computers. Therefore, we must
    understand deception that targets people and organizations, not just computers.
     
    #78     Sep 8, 2009
  9. CTan

    CTan

    He explains all the usual stuff(staying away in a range for newbies,trading with trend lines etc) but the names given to setups are weird and the book could have been a lot simpler if setups were explained first instead of turning to glossary section to find out what the setup means.

    All boils down to supply and demand in end with best trades coming in when one side is trapped badly.

    Just my 2 cents.

    Chris.
     
    #79     Sep 9, 2009
  10. 1. Who says so?

    2. What "concepts" are new and original, that is, not just another retread of the same old stuff with a new lingo?

    Remember, it has to be difficult in order for the noobs to be convinced that it's profound.
     
    #80     Sep 9, 2009